PIMCO New York Municipal Income Fund II (NYSE:PNI) Plans $0.03 Monthly Dividend

PIMCO New York Municipal Income Fund II (NYSE:PNI) announced a monthly dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Thursday, December 12th will be paid a dividend of 0.0295 per share on Thursday, January 2nd. This represents a $0.35 annualized dividend and a yield of 4.68%. The ex-dividend date is Thursday, December 12th.

PIMCO New York Municipal Income Fund II has decreased its dividend by an average of 9.7% per year over the last three years.

PIMCO New York Municipal Income Fund II Price Performance

NYSE:PNI opened at $7.56 on Wednesday. PIMCO New York Municipal Income Fund II has a 1 year low of $7.07 and a 1 year high of $7.96. The stock has a 50-day moving average price of $7.54 and a two-hundred day moving average price of $7.52.

PIMCO New York Municipal Income Fund II Company Profile

PIMCO New York Municipal Income Fund II is a closed-ended fixed income mutual fund launched and managed by Pacific Investment Management Company LLC. It invests in the fixed income markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in municipal bonds that pay interest that is exempt from federal, New York State, and New York City income tax.